Skip to content
Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
1 / 38
MLS® X13852642For SaleCondominium

1506-201 Parkdale Ave

Mechanicsville, Ottawa, Ontario K1Y 1E8

1 / 38
1506-201 Parkdale Ave, Ottawa, photo 1
Asking$314,900
Bedrooms
1
Bathrooms
1
Size
600–699sq ft
Per sq ft
$485at the range’s middle
Tax a year
$4,0002026 tax year
Parking
11 underground
Days on market
Members

The brief

About 1506-201 Parkdale Ave

1506-201 Parkdale Ave is a 1-bedroom, 1-bathroom condo in Mechanicsville, Ottawa, listed for sale at an asking price of $314,900 (MLS® X13852642).

***SELLER INCENTIVE: SELLER WILL PROVIDE A CLOSING CREDIT EQUAL TO UP TO SIX MONTHS OF CURRENT CONDO FEES!*** Some condos give you a place to live. 201 Parkdale #1506 gives you a front-row seat to the sunset every single night! Perched on the 15th floor of SoHo Parkway, this stylish 1-bedroom, 1-bathroom corner unit showcases panoramic west-facing views over Tunney's Pasture, with the Ottawa River and Gatineau Hills as the backdrop. Floor-to-ceiling windows, 9' ceilings, and an open-concept layout create a bright, modern living space that feels both elevated and effortlessly comfortable. The modern kitchen features quartz counters, sleek white cabinetry, an island with breakfast bar, integrated appliances, and a NEW ('26) over-the-range microwave hood fan. The spa-inspired bathroom features marble vanity countertops, a large glass-enclosed rainfall shower, and newly installed ('26) grout in the floor tile and shower surround. NEW ('26) in-unit Samsung washer and dryer. Hardwood floors throughout. UNDERGROUND PARKING & STORAGE LOCKER INCLUDED. Designed with a boutique hotel-inspired lifestyle in mind, SoHo Parkway offers an impressive collection of amenities, including a fully equipped Dalton Brown gym, private theatre room, boardroom, and a spectacular rooftop terrace with BBQ area, sundeck, hot tub, and sweeping city views. All of this just steps from Hintonburg, Tunney's Pasture LRT, the Parkdale Market, Wellington West restaurants and cafés, the picturesque Ottawa River pathways, and only minutes to downtown Ottawa. This one is not to be missed! Book your private viewing today.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$525/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 156 condos with 1 bedroom for lease in Ottawa right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$4,000 / 2026
MLS® number
X13852642
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
600-699 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: REAL BROKER ONTARIO LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Mechanicsville
Municipality
Ottawa

Building

Size
600-699 sqft
Construction
Brick

Inside

Bedrooms
1
Bathrooms
1
Bathroom Details
1 × 3pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Built-in Shelves in Living Room, Built-in Oven, Cooktop, Dishwasher, Dryer, Microwave/Hood Fan, Washer, Refrigerator
Condo maint.
$905

Rooms

RoomSizeFeaturesLevel
Kitchen2.36 × 3.33 mOpen Concept, Quartz Counter, B/I DishwasherMain
Living2.72 × 5.16 mWindow Flr to Ceil, West View, hardwood floorMain
Primary2.79 × 4.22 mhardwood floor, North View, His/Hers ClosetsMain
Foyer1.57 × 1.7 mCloset, Combined W/LaundryMain
Bathroom1.22 × 2.13 mRenovated, Tile FloorMain

Listing history

Buy/sell history for 1506-201 Parkdale Ave, Ottawa, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$314,900N/APcX13852642

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $62,980

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$62,980
Total mortgage amount
$251,920
Total interest payment
$179,180
Total purchase cost
$494,080
Mortgage payment
$1,437/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

49%

Monthly carrying cost

$2,675
−$525per month
  • Rent $2,150
  • Shortfall $525

Rental income opens at $2,150, the median asking rent of 156 comparable homes for lease in Ottawa. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$3,199
Total land transfer tax
$3,199
First-time buyer rebates (Ontario up to $4,000)
−$3,199
Total for first-time buyers
$0
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $314,900
$974
Ontario total
$3,199

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

17 records · 10 on fileRead 2026-11-03
250 m500 m1 km2 kmBeyond · area-wideNot in Rideau Valley Conservation Authority’s mapped regulated areaNot in the municipality’s mapped flood areaNo mapped wetland within 120 mNo water-supply well recorded within 250 mBedrock about 1.5 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 8.4 kmNearest rail line: 850 mA trail on the Ontario trail network within 1 kmTransit stop within 400 mNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment Canada12 federal contaminated sites within 1 kmElectricity is distributed here by Hydro Ottawa LimitedWired internet 50/10 Mbps or faster is listed at a household 40 m awayAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation5

  • Not in Rideau Valley Conservation Authority’s mapped regulated areaAt the address
  • Not in the municipality’s mapped flood areaAt the address
  • No mapped wetland within 120 m120 m
  • No water-supply well recorded within 250 m11 test or monitoring holes also recorded.250 m
  • Bedrock about 1.5 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Rideau Valley Conservation Authority · Municipal flood mapping · Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 8.4 km8.4 km

Province of Ontario open data

Around the home3

  • Nearest rail line: 850 m850 m
  • Transit stop within 400 mFrom the transit agency’s published stop map; the nearest is 150 m away. Routes and stops change; check the agency’s schedule.400 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data · Municipal transit open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Public Works and Government Services Canada — Tunney's Pasture Central Heating and Cooling Plant, 430 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • 12 federal contaminated sites within 1 km10 still active or suspected; the rest are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Hydro Ottawa LimitedAt the address
  • Wired internet 50/10 Mbps or faster is listed at a household 40 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (40 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.40 m
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, FibreStream, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: OmniTEC Wireless, PioneerWireless, Rogers, Storm Internet, Xplore. Mobile: Bell, Rogers, Telus, Vidéotron. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Rideau Valley Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – City of Ottawa. Contains information licensed under the Open Government Licence – Ontario.

The market

Condos for sale in Mechanicsville right now

For sale now
13
Median asking price
$290K

Middle half: $275K to $440K

New in 7 days
1

1 in 28 days

Price cuts
46%

6 listings

This home is asking 9% above the median.

See all homes in Mechanicsville

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Tunney's PastureOC Transpo light rail: O-Train Line 1450 m
BayviewOC Transpo light rail: O-Train Line 1, O-Train Line 2800 m
Corso ItaliaOC Transpo light rail: O-Train Line 21.5 km
PimisiOC Transpo light rail: O-Train Line 11.7 km
WestboroOC Transpo bus rapid transit: Transitway2 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: OC Transpo schedule data (GTFS) from the City of Ottawa under the Open Government Licence – City of Ottawa, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – City of Ottawa.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
École élémentaire catholique Saint-François-d'AssiseConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades JK–6800 m82%Grade 6 average
Connaught Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion800 m87%Grade 6 average
Devonshire Community Public SchoolOttawa-Carleton DSBPublic · grades JK–6 · French Immersion1 km85%Grade 6 average
St George Elementary SchoolOttawa Catholic School BoardCatholic · grades JK–6 · French Immersion1.2 km88%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
École secondaire catholique Saint-Jean-BaptisteConseil des écoles catholiques du Centre-EstFrench-language Catholic · grades 9–121.9 km—
Urban Aboriginal Alternate High SchoolOttawa-Carleton DSBPublic · grades 9–12 · French Immersion2.3 km—
Richard Pfaff Secondary Alternate SiteOttawa-Carleton DSBPublic · grades 9–12 · French Immersion2.4 km—
Notre Dame High SchoolOttawa Catholic School BoardCatholic · grades 9–12 · French Immersion3.6 km55%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

Similar Active Listings

Recently sold nearby

Sold prices in Mechanicsville are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record